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NNI

NNI - Nelnet Inc Stock Price, Fair Value and News

110.23USD+0.69 (+0.63%)Delayed

Market Summary

NNI
USD110.23+0.69
Delayed
0.63%

NNI Alerts

  • Big jump in Earnings (Y/Y)

NNI Stock Price

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NNI RSI Chart

NNI Valuation

Market Cap

4.1B

Price/Earnings (Trailing)

29.63

Price/Sales (Trailing)

3.68

EV/EBITDA

29.67

Price/Free Cashflow

9.12

NNI Price/Sales (Trailing)

NNI Profitability

EBT Margin

12.31%

Return on Equity

4.24%

Return on Assets

0.9%

Free Cashflow Yield

10.97%

NNI Fundamentals

NNI Revenue

Revenue (TTM)

1.1B

Rev. Growth (Yr)

1.38%

Rev. Growth (Qtr)

-2.49%

NNI Earnings

Earnings (TTM)

138.3M

Earnings Growth (Yr)

176.4%

Earnings Growth (Qtr)

955.86%

Breaking Down NNI Revenue

Last 7 days

1.0%

Last 30 days

17.3%

Last 90 days

22.6%

Trailing 12 Months

16.2%

How does NNI drawdown profile look like?

NNI Financial Health

Debt/Equity

3.25

Debt/Cashflow

0.05

NNI Investor Care

Dividend Yield

0.96%

Dividend/Share (TTM)

1.06

Buy Backs (1Y)

0.50%

Diluted EPS (TTM)

3.71

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20241.1B000
2023882.8M1.0B1.1B1.1B
2022648.4M772.9M897.5M1.0B
20211.2B1.1B1.1B523.8M
2020771.3M775.5M762.1M1.1B
2019842.5M860.1M859.1M831.2M
2018818.4M956.4M999.5M846.8M
2017696.9M601.7M602.4M691.6M
2016752.0M760.5M767.5M760.7M
2015725.1M725.8M725.6M734.1M
2014646.5M663.9M693.1M709.8M
2013616.9M624.4M632.9M644.8M
2012608.9M621.2M615.2M613.9M
2011606.0M589.2M586.4M592.9M
20100614.8M609.4M603.9M
2009000620.2M
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Tracking the Latest Insider Buys and Sells of Nelnet Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 28, 2024
heimes terry j
gifted
-
-
-4,840
chief operating officer
Mar 28, 2024
munn william j
gifted
-
-
1,532
secy/chief legal off/gen coun
Mar 28, 2024
munn william j
gifted
-
-
-1,532
secy/chief legal off/gen coun
Mar 28, 2024
heimes terry j
gifted
-
-
2,420
chief operating officer
Mar 10, 2024
tewes timothy
sold (taxes)
-130,197
88.63
-1,469
president
Mar 10, 2024
noordhoek jeffrey r
sold (taxes)
-130,197
88.63
-1,469
chief executive officer
Mar 10, 2024
dunlap matthew w
sold (taxes)
-12,053
88.63
-136
chief business develop. off.
Mar 10, 2024
munn william j
sold (taxes)
-56,723
88.63
-640
secy/chief legal off/gen coun
Mar 10, 2024
heimes terry j
sold (taxes)
-130,197
88.63
-1,469
chief operating officer
Mar 10, 2024
kruger james d
sold (taxes)
-130,197
88.63
-1,469
chief financial officer

1–10 of 50

Which funds bought or sold NNI recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 16, 2024
Ancora Advisors LLC
unchanged
-
8,578
126,263
-%
May 16, 2024
COMERICA BANK
added
42.5
1,866
5,395
-%
May 16, 2024
JANE STREET GROUP, LLC
reduced
-76.08
-944,910
326,164
-%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-3.99
43,335
1,484,580
-%
May 15, 2024
Cubist Systematic Strategies, LLC
reduced
-86.82
-995,518
164,046
-%
May 15, 2024
MORGAN STANLEY
reduced
-35.00
-2,446,880
5,638,060
-%
May 15, 2024
Nebula Research & Development LLC
reduced
-66.15
-648,520
369,892
0.08%
May 15, 2024
Squarepoint Ops LLC
added
20.69
515,387
2,263,560
-%
May 15, 2024
STATE STREET CORP
added
10.51
5,402,700
34,504,200
-%
May 15, 2024
Engineers Gate Manager LP
sold off
-100
-295,096
-
-%

1–10 of 48

Are Funds Buying or Selling NNI?

Are funds buying NNI calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own NNI
No. of Funds

Unveiling Nelnet Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
whitetail rock capital management, llc
22.8%
0
SC 13G/A
Feb 13, 2024
union bank & trust co / trustee
14.3%
0
SC 13G/A
Feb 13, 2024
bartels deborah
7.1%
0
SC 13G/A
Feb 13, 2024
muhleisen dan d
14.0%
0
SC 13G/A
Feb 13, 2024
muhleisen angie
24.1%
0
SC 13G/A
Feb 13, 2024
butterfield shelby j
9.8%
0
SC 13G/A
Feb 13, 2024
dunlap michael s
42.3%
0
SC 13D/A
Feb 09, 2024
dimensional fund advisors lp
7.8%
2,076,549
SC 13G/A
Sep 19, 2023
dunlap michael s
42.1%
0
SC 13D/A
Feb 13, 2023
muhleisen dan d
13.9%
0
SC 13G/A

Recent SEC filings of Nelnet Inc

View All Filings
Date Filed Form Type Document
May 09, 2024
10-Q
Quarterly Report
May 09, 2024
8-K
Current Report
May 06, 2024
DEFA14A
DEFA14A
Apr 30, 2024
8-K
Current Report
Apr 04, 2024
ARS
ARS
Apr 04, 2024
DEF 14A
DEF 14A
Apr 04, 2024
DEFA14A
DEFA14A
Apr 01, 2024
4
Insider Trading
Apr 01, 2024
4
Insider Trading
Mar 12, 2024
4
Insider Trading

Peers (Alternatives to Nelnet Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
429.6B
25.7B
0.06% 17.45%
36.27
16.72
12.62% 22.62%
174.7B
62.0B
11.59% 58.26%
19.42
2.82
11.96% 24.39%
67.4B
30.4B
1.93% 5.24%
15.54
2.22
8.39% 60.41%
54.2B
43.4B
3.71% 42.95%
13.96
1.25
26.76% -52.19%
31.4B
17.8B
4.61% 24.66%
13.9
1.76
38.72% -44.91%
12.2B
14.3B
10.64% 47.10%
14.22
0.86
22.92% -37.74%
MID-CAP
6.0B
2.0B
-6.68% 13.52%
23.99
3.08
6.86% -40.40%
5.3B
3.2B
-9.34% 13.89%
22.91
1.66
13.90% -14.51%
4.4B
4.4B
2.66% 5.54%
7.21
1.02
0.29% -19.79%
4.1B
1.1B
17.27% 16.15%
29.63
3.68
26.09% -44.07%
SMALL-CAP
1.7B
2.2B
5.37% 34.20%
9.77
0.75
22.40% -16.16%
357.4M
1.2B
-5.44% -21.25%
3.48
0.3
9.96% -11.98%
181.0M
360.7M
1.53% -18.77%
5.01
0.5
6.56% -54.11%
8.6M
7.3M
11.11% 2.26%
-2.23
1.18
-51.06% -195.09%
2.5M
853.2M
-12.50% -95.07%
-0.01
0
-15.13% -1364.54%

Nelnet Inc News

Latest updates
MarketBeat • 26 hours ago
Defense World • 16 May 2024 • 07:41 am
Defense World • 15 May 2024 • 09:28 am

Nelnet Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-2.5%26927628528426526320315240430220021923944322525119195.00239247251
Operating Expenses-4.0%217227214209210222210197206199183172173213191186191200203181179
EBITDA Margin16.5%0.44*0.38*0.46*0.56*0.77*0.88*1.14*1.26*1.51*1.76*0.98*0.99*0.95*0.77*0.76*0.67*0.55*0.64*0.58*0.58*0.63*
Interest Expenses6.2%74.0070.0077.0051.0067.0081.0077.0078.0077.0076.0086.0084.0010187.0081.0067.0055.0064.0066.0060.0059.00
Income Taxes337.8%23.00-9.7211.0010.008.005.0027.0025.0056.0039.0016.0026.0035.0071.0019.0021.00-10.139.009.006.0011.00
Earnings Before Taxes337.5%94.00-39.6353.0030.0031.0033.0012710824116867.0010915830290.00108-49.9051.0042.0031.0053.00
EBT Margin84.1%0.12*0.07*0.13*0.22*0.34*0.50*0.72*0.76*0.90*0.96*0.58*0.59*0.57*0.41*0.26*0.19*0.10*0.21*0.17*0.18*0.23*
Net Income955.9%73.00-8.5545.0028.0026.0031.0010585.0018713353.0084.0012423572.0086.00-40.5342.0033.0025.0042.00
Net Income Margin50.5%0.12*0.08*0.12*0.19*0.28*0.40*0.57*0.59*0.70*0.75*0.45*0.46*0.45*0.32*0.21*0.16*0.08*0.17*0.14*0.15*0.18*
Free Cashflow223.6%18958.0013963.0098.0012.0016319026012713712631.0014324517.00-170131137103-164
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-8.0%15,39916,73717,22317,80818,08319,37419,56420,62420,99021,67822,40323,02922,16722,64622,22322,61123,28123,70923,93724,22024,722
    Cash Equivalents6.9%18016818812218811863.0012816312619221314412196.0068.0020513416184.0075.00
  Net PPE17.5%149127127130133123127124121119117129130124360350351348342337335
  Goodwill0%15815817717717717717219.00142142142142142142157157157157157157157
Liabilities-10.2%12,14113,51513,96414,56014,85916,17416,39717,53317,90518,72519,54620,20019,41820,01819,82020,27020,95521,31821,58221,89322,392
  Long Term Debt-10.5%10,58311,82812,44813,07013,43814,63715,04316,11516,73717,63118,61119,38218,75519,32119,21519,72620,46720,52920,91021,29421,836
Shareholder's Equity-0.1%3,2583,2633,2953,2483,2233,1993,1663,0913,0852,9532,8572,8292,7492,6282,4032,3412,3262,3912,3552,3272,330
  Retained Earnings1.0%3,3133,2793,3063,2703,2523,2353,2083,1283,0922,9412,8442,8122,7372,6222,3932,3312,3102,3782,3432,3172,321
  Additional Paid-In Capital-64.4%1.003.0014.0010.005.001.001.001.001.001.002.0010.006.004.002.002.009.006.004.002.001.00
Shares Outstanding-0.7%37.0037.0037.0037.0037.0038.0037.0038.0038.0039.0039.0039.0039.0039.0039.0040.0040.0040.0040.0040.0040.00
Minority Interest-18.1%-48.08-40.71-35.83-11.76-6.351.00-14.25-6.24-3.252.00-2.29-5.18-3.09-3.693.004.005.004.005.004.004.00
Float----1,631---1,438---1,469---919---1,196-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations165.7%211,91579,761154,23576,134122,84527,187173,158208,365275,349143,781150,682137,20748,658176,065278,63638,854-144,455155,997160,753121,830-139,665
  Share Based Compensation-29.6%3,1664,4954,1713,9723,8384,3043,7013,2512,9202,8492,8442,9282,05211,2011,9571,7241,8571,8331,8101,6621,476
Cashflow From Investing72.0%1,086,079631,607416,142166,401723,932532,753902,320233,885603,069642,493786,864-711,784468,362-332,418236,351611,614105,672331,951337,135469,179386,301
Cashflow From Financing-188.8%-1,382,499-478,644-591,735-326,560-1,306,259-245,940-1,205,923-445,526-895,110-843,217-763,774704,790-528,147213,207-534,761-829,491-83,480-403,554-413,678-588,637-387,402
  Dividend Payments0%10,37010,3709,7019,6949,6549,6488,9258,9729,0639,1388,4078,4758,4378,4357,6647,7337,9467,9397,1437,1717,232
  Buy Backs49.5%35,46923,7185434653,3024,46114,29346,03232,89930,62525,0783992,0092134,61867,2741,25314922123,68316,358
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NNI Income Statement

2024-03-31
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Interest income:  
Loan interest$ 216,724$ 225,243
Investment interest52,07840,725
Total interest income268,802265,968
Interest expense on bonds and notes payable and bank deposits194,580199,449
Net interest income74,22266,519
Less provision for loan losses10,92834,275
Net interest income after provision for loan losses63,29432,244
Other income (expense):  
Other, net17,015(14,071)
(Loss) gain on sale of loans, net(41)11,812
Derivative market value adjustments and derivative settlements, net9,721(14,074)
Total other income (expense), net311,161265,148
Cost of services:  
Cost of services62,83956,003
Operating expenses:  
Salaries and benefits143,875152,710
Depreciation and amortization16,76916,627
Other expenses56,84540,785
Total operating expenses217,489210,122
Income before income taxes94,12731,267
Income tax expense23,1198,250
Net income71,00823,017
Net loss attributable to noncontrolling interests2,2023,470
Net income attributable to Nelnet, Inc.$ 73,210$ 26,487
Earnings per common share:  
Net income attributable to Nelnet, Inc. shareholders - basic (in dollars per share)$ 1.97$ 0.71
Net income attributable to Nelnet, Inc. shareholders - diluted (in dollars per share)$ 1.97$ 0.71
Weighted-average common shares outstanding - basic (in shares)37,156,97137,344,604
Weighted-average common shares outstanding - diluted (in shares)37,156,97137,344,604
Loan servicing and systems  
Other income (expense):  
Revenue$ 127,201$ 139,227
Education technology services and payments revenue  
Other income (expense):  
Revenue143,539133,603
Cost of services:  
Cost of services48,61047,704
Solar construction  
Other income (expense):  
Revenue13,7268,651
Cost of services:  
Cost of services$ 14,229$ 8,299

NNI Balance Sheet

2024-03-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Assets:  
Loans and accrued interest receivable$ 11,829,078$ 13,108,204
Cash and cash equivalents:  
Cash and cash equivalents179,682168,112
Investments and notes receivable (including investments at fair value of $1,037,637 and $988,841, respectively)1,921,6911,870,968
Restricted cash618,363488,723
Restricted cash - due to customers142,778368,656
Restricted investments36,07617,969
Accounts receivable (net of allowance for doubtful accounts of $4,248 and $4,304, respectively)134,647196,200
Goodwill158,029158,029
Intangible assets, net42,67044,819
Property and equipment, net149,249127,008
Other assets186,399187,957
Total assets15,398,66216,736,645
Liabilities:  
Bonds and notes payable10,582,51311,828,393
Accrued interest payable31,98335,391
Bank deposits802,061743,599
Other liabilities449,568481,840
Due to customers274,757425,507
Total liabilities12,140,88213,514,730
Commitments and contingencies
Nelnet, Inc. shareholders' equity:  
Preferred stock, $0.01 par value. Authorized 50,000,000 shares; no shares issued or outstanding00
Common stock:  
Additional paid-in capital1,1013,096
Retained earnings3,312,8693,279,273
Accumulated other comprehensive loss, net(8,476)(20,119)
Total Nelnet, Inc. shareholders' equity3,305,8623,262,621
Noncontrolling interests(48,082)(40,706)
Total equity3,257,7803,221,915
Total liabilities and equity15,398,66216,736,645
Nonrelated Party  
Cash and cash equivalents:  
Cash and cash equivalents39,40734,912
Related Party  
Cash and cash equivalents:  
Cash and cash equivalents140,275133,200
Variable Interest Entity, Primary Beneficiary  
Assets:  
Loans and accrued interest receivable11,293,40112,676,932
Cash and cash equivalents:  
Restricted cash587,980451,932
Liabilities:  
Bonds and notes payable10,841,31612,006,170
Common stock:  
Accrued interest payable and other liabilities(121,130)(135,748)
Net assets of consolidated education and other lending variable interest entities918,935986,946
Class A  
Common stock:  
Common stock261264
Class B  
Common stock:  
Common stock$ 107$ 107
NNI
Nelnet, Inc. engages in loan servicing, communications, education technology, services, and payment processing businesses worldwide. Its Loan Servicing and Systems segment provides loan conversion, application processing, borrower updates, customer service, payment processing, due diligence procedures, funds management reconciliation, and claim processing services. This segment also offers student loan servicing software; business process outsourcing services specialized in contact center management, such as inbound calls, outreach campaigns and sales, and interacting with customers through multi-channels. The company's Education Technology, Services, and Payment Processing segment provides financial management services; school information system software; website design and cost effective admissions software; FACTS Giving, a donation platform; and customized professional development and coaching services, educational instruction services, and technology products that aid in teacher and student evaluations. It also offers tuition payment plans, and service and technology for student billings, payments, and refunds; solutions for in-person, online, and mobile payment experiences on campus; payment processing services, such as credit card and electronic transfer; faith community, giving, and learning management services and technologies; and an integrated commerce payment platform, financial management, and tuition payment plan services, as well as a school management platform that provides administrative, information and financial management, and communication functions for K-12 schools. Its Communications segment provides fiber optic service to homes and businesses for internet, television, and telephone services. The Company's Asset Generation and Management segment acquires, manages, and owns loan assets. Its Nelnet Bank segment operates as an internet industrial bank. The company was founded in 1978 and is headquartered in Lincoln, Nebraska.
 WEBSITEnelnet.com
 INDUSTRYCredit Services
 EMPLOYEES8237

Nelnet Inc Frequently Asked Questions


What is the ticker symbol for Nelnet Inc? What does NNI stand for in stocks?

NNI is the stock ticker symbol of Nelnet Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Nelnet Inc (NNI)?

As of Fri May 17 2024, market cap of Nelnet Inc is 4.1 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of NNI stock?

You can check NNI's fair value in chart for subscribers.

What is the fair value of NNI stock?

You can check NNI's fair value in chart for subscribers. The fair value of Nelnet Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Nelnet Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for NNI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Nelnet Inc a good stock to buy?

The fair value guage provides a quick view whether NNI is over valued or under valued. Whether Nelnet Inc is cheap or expensive depends on the assumptions which impact Nelnet Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for NNI.

What is Nelnet Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, NNI's PE ratio (Price to Earnings) is 29.63 and Price to Sales (PS) ratio is 3.68. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. NNI PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Nelnet Inc's stock?

In the past 10 years, Nelnet Inc has provided 0.12 (multiply by 100 for percentage) rate of return.